Shree Karthik Papers confirms promoters hold 74.52% shares with no encumbrance

What Shree Karthik Papers announced

On 17 July 2026, Shree Karthik Papers Limited filed a Regulation 31(4) disclosure with BSE, confirming the status of promoter shareholdings as of 30 June 2026. The filing, submitted under SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, states that the promoters have not created any encumbrance on the shares they hold.

Promoter shareholding details

The promoters collectively own 1,42,41,700 equity shares, which translates to 74.52% of the company’s total equity capital. This figure reflects the shareholding pattern at the close of the quarter ending 30 June 2026 and is presented without any change from the previous reporting period.

Encumbrance status

The filing explicitly confirms that no promoter shares were pledged, hypothecated, or otherwise encumbered during the quarter. The statement reads:

"We further confirm that as on June 30, 2026 nil number of shares of the company are encumbered or pledged by us." This assurance is intended to satisfy regulatory requirements and provide transparency to shareholders and market participants.

Key facts at a glance

Why this matters for investors

The disclosure serves two primary purposes for investors. First, it confirms that a large block of shares (over three‑quarters) remains free of any security interest, reducing the risk of forced sales that could arise from loan defaults or other financial stress on the promoters. Second, compliance with SEBI’s SAST regulations demonstrates the company’s commitment to transparency, which can be a factor in maintaining investor confidence and meeting listing obligations.

Conclusion

Shree Karthik Papers’ regulatory filing confirms that its promoters continue to hold a dominant 74.52% stake in the company and that no portion of these shares is pledged or encumbered as of 30 June 2026. The company has therefore satisfied its disclosure obligations under SEBI’s SAST framework, with no immediate implications for its capital structure or shareholder rights.